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Polaris acquires Idaho-based snow bike manufacturer

timbersled

April 22, 2015

News release Polaris Industries Inc. (NYSE: PII) today announced the acquisition of Timbersled Products, Inc. a privately held Sandpoint, Idaho-based company that is an innovator and market leader in the burgeoning snow bike industry. The terms of the transaction were not disclosed. “We are excited... Read more »

Erik Buell shares statement on EBR closure

EBR

April 22, 2015

After reports were released last week that Erik Buell Racing had ceased operations, company founder Erik Buell took to Facebook to share his thoughts with EBR fans. The following is Buell’s statement from the EBR Facebook page: Thank you for the supportive posts, texts, and e-mails since the announcement... Read more »

Analyst reports on Harley-Davidson Q1 results

sportster

April 22, 2015

Harley-Davidson’s model year 2016 “innovation focused on Custom and/or Sportster should reverse market share losses,” Wells Fargo Securities analyst Tim Conder reports in a research note provided to Powersports Business. The “need to refresh Sportster and Custom product lines … is resulting... Read more »

GE Capital finds potential buyer

April 22, 2015

According to a Boating Industry article, Wells Fargo has been recognized as a prime candidate to purchase GE Capital’s commercial lending and leasing portfolio, valued at $74 billon. While representatives from both GE and Wells Fargo have decline to comment on the possible agreement, “GE Chief Financial... Read more »

MSR delivers 1-2 punch at Baja Sur 500

msr1

April 22, 2015

News release The Ox Motorsports/MSR team of Colton Udall, Mark Samuels and Ray Dal Soglio added to the legend of Malcolm Smith Racing by finishing 1-2 at the first Baja 500 ever run entirely in Baja Sur this past weekend. Udall rode solo to victory in the Pro Unlimited class, finishing with an elapsed-time... Read more »

Indian Motorcycle adds sixth dealership in state

indian

April 22, 2015

News release Indian Motorcycle of Allentown is now open at 5118 Route 309, Center Valley, PA, 18034. The new dealership is now providing motorcycling enthusiasts the opportunity to see and experience firsthand the award-winning bikes from Indian Motorcycle, including the Indian Chief lineup, Indian Roadmaster,... Read more »

New Indian dealership opens in metro area

April 21, 2015

News release Music City Indian Motorcycle is now open at 1003 8th Avenue South, Nashville, TN, 37203. The dealership now offers area motorcycling enthusiasts the opportunity to see and experience firsthand the award-winning bikes from Indian Motorcycle, including the Indian Chief lineup, Indian Roadmaster,... Read more »

Harley-Davidson Q1 retail sales down worldwide

Harley

April 21, 2015

News Release Harley-Davidson, Inc. (NYSE:HOG) first-quarter 2015 diluted earnings per share increased 5.0 percent to $1.27 compared to diluted EPS of $1.21 in the year-ago period. Net income was $269.9 million on consolidated revenue of $1.67 billion compared to net income of $265.9 million on consolidated... Read more »

Yamaha recalls 3,500 Viking VI side-by-sides

Viking

April 21, 2015

Yamaha Motor Corp., in conjunction with the U.S. Consumer Product Safety Commission, is recalling 3,500 Viking VI units because the rear wheels can loosen and cause the rear end of the side-by-side to wobble or the rear wheels to come off. The recall includes 2015 Viking VI, Viking VI Hunter, Viking... Read more »

New Polaris electric fat tire bicycles featuring Troy Lee Designs launched

polaris1a

April 21, 2015

News release As the green flag dropped to start the Toyota Long Beach Grand Prix, Polaris electric bicycles rolled out its new Polaris Paddock eBike, featuring uniquely distinctive graphics of world famous designer, Troy Lee Designs. EVantage USA, Inc., exclusive developers of Polaris electric bicycles... Read more »

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